Tc pipelines, lp (TCP)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Transmission revenues

403,000

549,000

422,000

426,000

417,000

410,000

341,000

343,000

353,000

69,000

67,900

64,500

Equity earnings (Note 5)

160,000

173,000

124,000

97,000

97,000

88,000

67,000

99,000

135,000

126,000

99,400

-

Impairment of long-lived assets (Note 7)

-

537,000

-

-

-

-

-

-

-

-

-

-

Impairment of goodwill (Note 4)

-

59,000

-

-

-

-

-

-

-

-

-

-

Operation and maintenance expenses

71,000

67,000

67,000

58,000

61,000

61,000

55,000

57,000

61,000

13,000

11,000

11,500

Impairment of equity-method investment (Note 5)

-

-

-

-

199,000

-

-

-

-

-

-

-

Property taxes

26,000

28,000

28,000

27,000

27,000

28,000

23,000

25,000

23,000

-

-

-

General and administrative

8,000

6,000

8,000

7,000

9,000

9,000

9,000

6,000

9,000

4,000

6,200

4,100

Depreciation

78,000

97,000

97,000

96,000

95,000

96,000

86,000

85,000

87,000

15,000

14,700

13,900

Interest and Debt Expense and Other Nonoperating Income (Expense)

83,000

92,000

82,000

71,000

63,000

61,000

44,000

-40,000

-46,000

26,000

29,300

34,600

Net income before taxes

297,000

-164,000

264,000

264,000

60,000

243,000

-

-

-

-

-

-

Income taxes

-1,000

1,000

1,000

1,000

2,000

2,000

-

-

12,000

-

-

-

Net income

298,000

-165,000

263,000

263,000

58,000

241,000

191,000

229,000

250,000

-

-

123,000

Net income attributable to non-controlling interest

18,000

17,000

11,000

15,000

21,000

46,000

36,000

37,000

34,000

-

-

-

Net income attributable to controlling interests

280,000

-182,000

252,000

248,000

37,000

-

-

192,000

-

137,000

106,100

-

Net income attributable to controlling interests

-

-

-

-

-

195,000

155,000

137,000

216,000

137,000

97,800

-

Net income attributable to controlling interest allocation (Note 9)
Common units

-

-

-

-

-

-

-

134,000

154,000

134,000

90,600

95,100

General Partner

5,000

-4,000

16,000

11,000

3,000

4,000

3,000

3,000

3,000

3,000

7,200

12,600

TC Energy and its subsidiaries

8,000

13,000

17,000

26,000

36,000

23,000

26,000

-

-

-

-

-

Net income attributable to controlling interests

280,000

-182,000

252,000

248,000

37,000

-

-

192,000

-

137,000

106,100

-

Net income attributable to controlling interests

-

-

-

-

-

195,000

155,000

137,000

216,000

137,000

97,800

-

Net income per common unit (Note 9) - basic and diluted

-

-

-

-

-

-

-

2.51

3.02

-

-

-

Net income per common unit (Note 13) - diluted (in dollars per unit)

-

-

-

-

-

-

-

2.51

3.02

-

-

-

Net income allocated to partners

-

-

-

-

-

-

-

-

-

-

-

107,700

Net income per common unit (Note 8) - basic (in dollars per unit)

-

-

-

-

-

-

-

-

-

2

2

2

Net income per common unit (Note 8) - diluted (in dollars per unit)

-

-

-

-

-

-

-

-

-

2

-

-

Weighted average common units outstanding - basic and diluted

-

-

-

-

-

-

-

53,500

51,100

46,200

38,700

34,900

Weighted average common units outstanding - diluted (in units)

-

-

-

-

-

-

-

53,500

51,100

46,200

-

-

Common Units
Net income (loss) attributable to common units or Class B units

267,000

-191,000

219,000

211,000

-

-

-

-

-

-

-

-

Net income (loss) per common unit (Note 14) - basic and diluted (in dollars per unit)

3.74

-2.68

3.16

3.21

-

-

-

-

-

-

-

-

Weighted average common units outstanding (millions) - basic and diluted

71,300

71,300

69,200

65,700

-

-

-

-

-

-

-

-